Volkswagen AG
Chinese EV startup Xpeng shares soar right after announcing $744 million offer with Didi
Didi launched a no cost robotaxi assistance in pieces of Shanghai in 2020. Vcg | Visible China Team | Getty Pictures BEIJING — Chinese electrical auto corporation Xpeng mentioned Monday it is purchasing Didi’s intelligent electric powered car growth enterprise in an exchange of shares well worth $744 million. The Chinese trip-hailing business will become […]
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The evolution of the Volkswagen bus — from Type 2 to the electric ID Excitement
Volkswagen Type 2 bus lined up subsequent to the ID. Excitement CNBC | Sydney Boyo | Andrew Evers The “bus,” as numerous lovers know it, is deeply ingrained in American society and progressed into a symbol of protest starting up in the 1960s. “There was an unpopular war. There ended up conflicting strategies of what […]
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Chinese EV maker Xpeng expects expense cuts, Volkswagen offer to slender losses
A XPeng Inc. G6 electric activity utility automobile (SUV). Qilai Shen | Bloomberg | Getty Pictures Xpeng expects price cuts and its Volkswagen partnership to slender the firm’s losses, the Chinese EV maker advised CNBC in an special interview on Monday. On Friday, the agency logged its biggest quarterly decline since its U.S. listing in […]
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Xpeng shares fall 6% immediately after the Chinese electric carmaker posts a file quarterly loss
A Xpeng P7 electric auto is on screen throughout the 18th Guangzhou International Car Exhibition at China Import and Export Reasonable Intricate on November 20, 2020 in Guangzhou, Guangdong Province of China. VCG | Visible China Team | Getty Pictures Shares of Xpeng had been down a lot more than 6% in pre-market U.S. trade, […]
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Vietnamese EV maker VinFast is now well worth a lot more than Ford and GM right after Nasdaq debut
BANGKOK, THAILAND – 2023/05/18: VinFast shows its automobiles at Foreseeable future Electricity Asia Exhibition 2023 at Queen Sirikit Countrywide Convention Heart. Nathalie Jamois | Lightrocket | Getty Photographs VinFast’s shares jumped some 270% after its U.S. buying and selling debut, vaulting its whole marketplace price previous some of the world’s premier automakers these kinds of […]
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Automakers boost superior tech to compete in China — the world’s leading EV market place
An XPeng Inc. G9 electric powered car or truck at the Shanghai Vehicle Demonstrate in Shanghai, China, on Monday, April 24, 2023. Qilai Shen | Bloomberg | Getty Photos Worldwide electric powered vehicle makers are tapping superior technologies to vie with each other and domestic manufacturers in the intensively competitive Chinese sector. China is the […]
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Volkswagen buys stake in Xpeng, will jointly develop two new EVs with the Chinese automaker
Volkswagen and Xpeng will jointly develop two new VW-brand EVs for China based on Xpeng’s electric G9. Chen Dongqiu | Visual China Group | Getty Images Volkswagen said Wednesday that it has signed a deal to jointly develop two new electric vehicles for China with Chinese EV maker Xpeng. As part of the deal, Volkswagen […]
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EV sales: Hyundai overtakes GM, but Tesla’s U.S. dominance continues
A Tesla Model Y is seen on a Tesla car lot on May 31, 2023 in Austin, Texas. Tesla’s Model Y has become the world’s best selling car in the first quarter of 2023. Brandon Bell | Getty Images DETROIT – Legacy automakers continue to promise big increases in production and sales of battery-electric vehicles, […]
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Volkswagen will start testing self-driving cars in Austin as it moves on from Argo AI
Volkswagen Group of America (VWGoA) starting its first autonomous vehicle test program in Austin beginning in July 2023. Courtesy: Vokswagen AG Volkswagen said Thursday that it will begin testing self-driving electric vehicles in Austin, Texas, later this month. The German auto giant said it will deploy about 10 of its ID Buzz electric vans equipped […]
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